Company type | Public |
---|---|
Industry | Oil and gas |
Founded | January 1, 1980 |
Founder | William Greehey |
Headquarters | , United States |
Area served | North America |
Key people | Lane Riggs (President & CEO) |
Products | |
Revenue | US$144.8 billion (2023)[1] |
US$11.86 billion (2023)[1] | |
US$8.835 billion (2023)[1] | |
Total assets | US$63.06 billion (2023)[1] |
Total equity | US$28.52 billion (2023)[1] |
Number of employees | 9,908 (2023)[1] |
Website | www |
Valero Energy Corporation is an American-based fuels producer mostly involved in manufacturing and marketing transportation fuels and other related products. It is headquartered in San Antonio, Texas, United States.[2] Throughout the United States, Canada, and the U.K., the company owns and operates 15 refineries with a combined throughput capacity of approximately 3.2 million barrels per day, two renewable diesel plants that produce approximately 1.2 billion gallons per year, and 12 ethanol plants with a combined production capacity of 1.6 billion gallons.[3][4][5]
According to a number of estimates, Valero has become a major producer of corn ethanol and renewable diesel, both low-carbon liquid transportation fuels.[6][7]